Listing provided courtesy of Rob Trost Real Estate, LLC- MLS# TC-22550MLS ProviderSource MLS Verified

1110/1120 Meadow AvenueTillamook, OR 97141

Multi-Family · 17 Beds · 9 Full Baths · 8,198 Sq. ft. | 1.13 Acres
$1,250,000 Active

1110/1120 Meadow Avenue Overview

Time on Site:
265 days
Visits:
11

Rare Investment Opportunity! Two well-maintained 4-plexes on adjacent tax lots totaling 1.13 acres, sold together as a package. Fully occupied with long-term tenants and room for upside as rents remain below market. Each unit is separately metered and served by public water and sewer. Excellent ''end-of-the-road'' location backing East Elementary offering privacy and a wooded setting tenants love. Seven, one-level, 2BD/1BA units and one larger 3BD/2BA unit with 2BD/1BA on main level and primary suite upstairs with deck. Detached 1,153 sq ft three-bay shop, paved parking. Solid roofs, siding, paint, and vinyl windows. Ample parking. A local favorite with consistent, reliable income and strong rental history. A solid investment with terrific upside potential.

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1110/1120 Meadow Avenue Facts & Features

  • Type Multi-Family
  • Sq. ft. 8,198
  • Price/Sq.ft. $152
  • Lot 1.13 Acres

Details

General

Association/HOA

  • Association: false

Income/Expenses

  • Gross Income: 100620.0
  • Net Operating Income: 70500.0

Building Information

  • New Construction: false
  • Year Built: 1972

Location/Region

  • County Or Parish: Tillamook
  • Subdivision Name: None

Tax Information

  • Tax Annual Amount: 10409.5
  • Tax Year: 2024

General Information

  • Listing Terms: Cash,Conventional
  • Parcel Number: 00703
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Senior Community: false
  • Zoning: R7.5

Interior

Parking Information

  • Garage Spaces: 3.0
  • Garage: true

Beds/Baths

  • Bathrooms Full: 9
  • Bathrooms Half: 0
  • Bathrooms Total: 9
  • Bedrooms Total: 17

Building Interior

  • Above Grade Finished Area: 8198.0
  • Building Area Total: 8198.0

General Information

  • Appliances: Dishwasher,Refrigerator
  • Basement: false
  • Flooring: Carpet,Vinyl
  • Foundation Details: Concrete Perimeter
  • Levels: One
  • Window Features: Vinyl Frames

Exterior

Parking Information

  • Parking Features: Detached Garage
  • Parking Total: 16.0

Lot Information

  • Lot Features: Level
  • Lot Size Acres: 1.13
  • Lot Size Area: 1.13
  • Lot Size Square Feet: 49222.8
  • Lot Size Units: Acres
  • Road Surface Type: Paved
  • Water Source: Public

Waterfront/View

  • Waterfront: false

Building Exterior/Construction

  • Architectural Style: Other
  • Attached Garage: false
  • Construction Materials: Frame
  • Roof: Composition

General Information

  • Carport: false
  • Exterior Features: Lighting
  • Fencing: Partial
  • Number Of Units Total: 2
  • Sewer: Public Sewer
  • Utilities: Cable Available,Electricity Available,Sewer Connected,Phone Available,Separate Meters

Unit Information

Unit 1 Details

  • Beds Total: 2
  • Baths Total: 1

Unit 2 Details

  • Beds Total: 2
  • Baths Total: 1

Unit 3 Details

  • Beds Total: 2
  • Baths Total: 1

Unit 4 Details

  • Beds Total: 2
  • Baths Total: 1

Unit 5 Details

  • Beds Total: 2
  • Baths Total: 1

Unit 6 Details

  • Beds Total: 2
  • Baths Total: 1

Unit 7 Details

  • Beds Total: 2
  • Baths Total: 1

Unit 8 Details

  • Beds Total: 2
  • Baths Total: 1

Unit 9 Details

  • Beds Total: 2
  • Baths Total: 1

Unit 10 Details

  • Beds Total: 2
  • Baths Total: 1

Unit 11 Details

  • Beds Total: 2
  • Baths Total: 1

Unit 12 Details

  • Beds Total: 2
  • Baths Total: 1

Unit 13 Details

  • Beds Total: 2
  • Baths Total: 1

Unit 14 Details

  • Beds Total: 2
  • Baths Total: 1

Unit 15 Details

  • Beds Total: 2
  • Baths Total: 1

Unit 16 Details

  • Beds Total: 2
  • Baths Total: 1

Unit 17 Details

  • Beds Total: 2
  • Baths Total: 1

Unit 18 Details

  • Beds Total: 2
  • Baths Total: 1

Unit 19 Details

  • Beds Total: 2
  • Baths Total: 1

Unit 20 Details

  • Beds Total: 2
  • Baths Total: 1

Unit 21 Details

  • Beds Total: 2
  • Baths Total: 1

Unit 22 Details

  • Beds Total: 2
  • Baths Total: 1

Unit 23 Details

  • Beds Total: 2
  • Baths Total: 1

Unit 24 Details

  • Beds Total: 2
  • Baths Total: 1

1110/1120 Meadow Avenue Neighborhood

Community

97141 (TILLAMOOK) Demographics

42
Median Age
57
Population Density (per sq. mile)
29%
College Educated
$54,424
Estimated Median Income
3,275
Estimated Total Home Owners
2,020
Estimated Total Renters
62% / 38%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1110/1120 Meadow Avenue Monthly Cost

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$ %
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$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1110/1120 Meadow Avenue Market Data

Based on the last 30 days in this zip code

$570,935
Average List Price
$297
Average Price per Square Foot
20
Properties Sold
123
Average Days on Market
148
Properties for Sale
Calculations provided by Reliance Network

1110/1120 Meadow Avenue History

Date Event Value Agent
1/5/2026Source: Tillamook MLS Added to Database
October 07, 2025
10/7/2025Source: Regional MLS Added to Database
October 07, 2025